IDBI Bank deputy MD BK Batra says RLNG facilities will be demerged into a separate SPV. "They needed additional investment for the capacity to be fully used to 80 cargos. It cannot be done unless break water facilities are there," he says
RV Shahi, Former Power Secretary says the total generation capacity at the moment is 240,000 MW, whereas the grid is drawing not more than 120,000-130,000 MW.
Power companies which seek hike in tariffs due to global factors should also reduce rates when international coal prices soften, an expert has said.
The Rs 1,90,000-crore debt-restructuring plan for discoms which holds at stake the health of the entire power sector, seems to have been cleared by the CCEA. Former power secretary RV Shahi explains to CNBC-TV18 the various aspects of the plan and the pitfalls that need to be avoided during the implementation of the plan.
As Moily is all set to push for power reforms, the Former Power Secretary, RV Shahi believes there is nothing wrong with open access but, it has not been implemented due to the interference of state governments. According to him, the state regulatory commissions should act a little more formally with state governments to roll out the process.